AMD's share down by 22%.

[CougTek]

Wow. It was obvious that the shares of AMD were a tad high lately, so traders would just wait for a little bad news to make it drop, but 22% in one day is silly. Damn, the company is still profitable. Just less than before.

Very happy I am not to own any of their shares.

 

[Handruin]

I was wondering what might happen when I read news that they warned profits may be down. 22% seems like a lot, hopefully it'll bounce back.

 

[sechs]

For those with money, it's time to buy.

 

[ddrueding]

For those with money, it's time to buy.

I'll second that.

 

[Buck]

The time to buy was in August and September when AMD was below $12.50.

 

[CityK]

The time to buy was in August and September when AMD was below $12.50.

No, no. The time to buy was Oct '02.

 

[Clocker]

Easy come easy go as they say...

C

 

[CougTek]

AMD's shares are now worth almost twice of those of Intel (38.38$ vs 21.22$). 2005 and early 2006 has been an outstanding period for AMD. I don't think business has been that good for them in their entire history. Their total market value is now about 1/8 of Intel's. It was 1/15 maybe a month ago.

 

[Tannin]

Hmmmm ... starts sounding like a good time to buy Intel

 

[CougTek]

That's what I'm thinking too. Whatever happens to their shares' value, the divident are substantial so you really can't lose money on the long term.